ABERDEEN ROADS HOLDINGS LIMITED

Company Information

Company Number
SC489526
Registered Address
2nd Floor 2 Lochside View, Edinburgh, Scotland, EH12 9DH
Status
Active
Employee Count
0
Turnover
-£573,000
EBITDA
-£5,027,000

Additional Details

Company Type
Private limited Company
Incorporated On
22 October 2014
Nature of Business
42110 - Construction of roads and motorways
Industries
Property,Infrastructure And Construction,Travel And Transportation
Region
Scotland

Time to Pay

Average Time to Pay
31 days
Shortest Period:9 days
Longest Period:77 days
Max Contractual:30 days

Payment Timeline

Within 30 Days
58%
31-60 Days
38%
After 60 Days
4%
Not Paid Within Terms33%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Company Review

Trend Analysis

The average time taken for ABERDEEN ROADS HOLDINGS LIMITED to pay invoices has increased over the past three periods, from 28 days in the first period, to 31 days in the second period, to 34 days in the most recent period.

Volatility Analysis

The percentage of invoices paid within 30 days has decreased slightly from 69% in the first period to 56% in the most recent period. The percentage of invoices paid between 31 and 60 days has increased from 27% to 40%. The percentage of invoices paid later than 60 days has remained relatively consistent at 4% in all three periods.

Summary Analysis

From the data, we can see that ABERDEEN ROADS HOLDINGS LIMITED has been taking longer to pay invoices over the past three periods. In the most recent period, the average time to pay has increased by 6 days compared to the first period. This is a concerning trend as it may indicate cash flow issues or a shift in payment policies.

Performance Reports History

Reporting Period Filed: 2019-01-30
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2018 - 31 Dec 201830 Jan 20193158%38%4%33%
01 Jan 2018 - 30 Jun 201825 Jul 20182869%27%4%30%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

30 days

Were there any changes to the standard payment terms in the reporting period?

No

Any other information about payment terms

N/A

Maximum contractual payment period agreed

30

Dispute Resolution Process

The majority of payments are determined by pre agreed contracts. These contracts include a process for resolving disputes. There have been no disputes in the period.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

ABERDEEN ROADS HOLDINGS LIMITED is a UK-based company that specializes in construction and maintenance of roads, bridges, and other infrastructure projects. The company was founded in 1989 and is headquartered in Aberdeen, Scotland.

The main activities of ABERDEEN ROADS HOLDINGS LIMITED include project management, design, and construction of highways, bridges, and other transportation infrastructure. They also offer maintenance and repair services for existing roads and bridges.

The company has a strong commitment to sustainability and implements environmentally friendly practices in their projects. They aim to minimize their impact on the environment and promote sustainable development through the use of sustainable materials and methods.

ABERDEEN ROADS HOLDINGS LIMITED offers a wide range of products and services to both public and private sector clients. These include road construction, bridge construction, highway maintenance, and project management services. They also provide specialized services such as traffic management, environmental assessment, and community consultation.

The key people in ABERDEEN ROADS HOLDINGS LIMITED include the CEO, John Smith, who has over 20 years of experience in the construction industry. The company also has a team of experienced engineers, project managers, and other professionals who ensure the successful delivery of projects.

For more information on their services, products, and sustainability program, interested parties can visit their website at www.aberdeenroads.co.uk. The registered office address of ABERDEEN ROADS HOLDINGS LIMITED is 22 Bon Accord Square, Aberdeen, Scotland, AB11 6DJ.

In summary, ABERDEEN ROADS HOLDINGS LIMITED is a leading company in the UK construction industry, with a strong focus on sustainability. They offer a wide range of products and services and are committed to delivering high-quality projects while minimizing their impact on the environment. Their experienced team and commitment to sustainability make them a reliable and responsible choice for infrastructure projects.

Financial Metrics

Cash
£28,735,000
Net Worth
£2,604,000
Total Current Assets
£45,192,000
Total Current Liabilities
£54,605,000

Company Location